This listing includes AI condition scoring, neighbourhood intelligence, and market valuation data — giving you a complete picture before you visit. Compare rental yield, price per square metre, and location strength against the broader Portuguese market to assess whether this property fits your investment strategy.
1-bedroom, 1-bathroom apartment of 122 m², energy rating C. Located on rua Calouste Gulbenkian, 174, Ermesinde parish, Valongo municipality, Porto district. Investment Opportunity: This property has been tenanted at €750 per month for nearly two years, indicating stable rental income potential in a growing market like Ermesinde.
The valuation. The asking price of €165,000 is significantly higher than the fair value of €40,812, indicating an overpriced property by €124,188 (75.3%) contrary to sound investment practices.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Calouste Gulbenkian, 174 | Subject | €165,000 | €1,352 | — | — | 69 |
| estrada Nova | Active | €275,000 | €2,022 | 49.5% | 70 | 69 |
| Baguim do Monte (Rio Tinto) · e40aa5 | Active | €145,000 | €1,510 | 11.7% | 70 | 69 |
| Ermesinde · cfe292 | Active | €123,500 | €1,211 | 10.5% | — | 71 |
| estrada Nova | Active | €160,000 | €2,222 | 64.3% | 68 | 67 |
| Median comp | €152,500 | €1,766 | 30.6% | 70 | 69 |
Long-term rental The property in Ermesinde is overpriced at €165,000, presenting a significant gap of 75.3% compared to its fair value of €40,812. While the gross yield of 6.9% may appear attractive, the condition rating of 0/100 raises concerns about ongoing maintenance and repairs that could diminish returns. Family rental Given the high price point, the 1-bed apartment may not be the best option for family rental in a safe, family-friendly neighborhood. The substantial gap from fair value suggests that prospective tenants may seek more affordable options in the area. Buy-and-hold The current valuation of €165,000 indicates that the property is significantly overpriced relative to its fair value, which could impact long-term appreciation potential. Investors may find it challenging to realize a return that justifies this elevated purchase price, especially with the low condition score. Not ideal for The property’s high asking price makes it unsuitable for the luxury market and short-term vacation rentals, where expectations for condition and amenities are greater. Additionally, its current state and price point do not align with typical student housing requirements, which often favor affordability and accessibility.
Economic and Tenant Stability Risk With both economic and tenant stability scores at 70/100, there is a potential risk of fluctuating demand and income volatility which could impact future returns.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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